Sarmistha Pal | Ideas for India

Sarmistha Pal
University of Surrey
Professor Sarmistha Pal is an applied economist working on issues pertaining to both economics and finance. Her primary research interests relate to analysing the impact of law, institutions and public policy on various economic agents (individual/household, firms/banks, community) using large datasets and natural experimental framework for identification. Her current and recent research includes work on public and private schools, regulation of doctors’ dual practice, women-friendly hospital environment and child mortality, effects of social and religious norms on public good provision, effects of old age pensions on elderly co-residency arrangements, and effects of fiscal decentralisation on political transition and local development. Her research on finance explores the role of networking on firm financing in corrupt host environment, role of various corporate governance reforms including transparency and disclosure on firm financing, firm performance and industrial accidents, and effects of land reforms on corporate investment. Her research has been funded by the Economic and Social Research Council (UK), Leverhulme Trust, World Bank, European Bank for Reconstruction and Development and also the International Finance Corporation. She is an IZA (Germany) Research Fellow and also an external research affiliate at the Centre for Studies of the African Economies, University of Oxford. She is an editorial board member of the Journal of Development Studies.

Articles By Sarmistha Pal
Land acquisition and corporate investment: Legacy of historical land ceiling legislations?
Posted On: 23 Apr 2017

Topics:   Land

Firms in India often find it difficult to purchase land, resulting in projects being delayed, relocated, or cancelled. Analysing firm- and state-level data, this column explores the impact of post-independence land reforms – especially those related to land ceilings - on corporate investment in the country.
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Reviving the informal sector from the throes of demonetisation
Posted On: 13 Feb 2017

While recent measures announced by the government indicate some awareness of the hardships inflicted on the informal sector by the note ban, more needs to be done. In this article, Bhattacharya, Mitra, Pal and Saha summarise the emerging evidence on the significant adverse impact of demonetisation on the informal sector, and suggest policy measures to ensure a steady recovery.
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Why Demonetisation?
Posted On: 01 Dec 2016

In this article, Sarmistha Pal, Chair in Financial Economics at the University of Surrey, examines whether the current government’s stance in tackling black money has significantly differed from its predecessor, and how far it is willing to go in this respect.
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Whither female disadvantage? An analysis of private school enrolment in India
Posted On: 07 Oct 2016

Topics:   Gender

Given the poor condition of government schools and the perceived efficiency of private schools, Indian parents are increasingly choosing to send their children to private schools. This column examines private school enrolment among 7-18 year olds during 2005-2012 and finds a systematic and pervasive female disadvantage.
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